Income tax Archives - Dev Site

The Great British Tax Grab

– and six ways to prepare against it First the very good news Reading this and acting accordingly will save you money in the coming year! That’s because, in just a few months (April 2018) the tax-free dividend allowance is going to be reduced from £5,000 to...

Lifetime Allowance Falls to £1m: Could you be caught?

Pension Lifetime Allowance (LTA) decreased to £1m on 6 April 2016. In combination with previous reductions, it has fallen almost by half from its 2012 high of £1.8m. High net worth professionals like solicitors, barristers and accountants often underestimate the risk...

New Pension Freedoms Bring Opportunities As Well As Risks

Recent years have seen some significant changes to the tax treatment and rules governing pensions and death benefits. Many of these changes have been quite favourable, bringing new freedoms and tax saving opportunities. However, these freedoms go hand in hand with...